What is two-envelope RFx response evaluation in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: two-envelope RFx response evaluation

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: A process that requires the submission of an RFx response in two parts, which are evaluated separately. One part contains technical and qualitative information; the other part contains price information. The price proposal typically remains unopened until the technical proposal has been evaluated.

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• Key Concepts: 
  Two-envelope RFx response evaluation is a process used in public sector procurement to evaluate bids from suppliers. It involves two separate envelopes, one containing the supplier's technical proposal and the other containing their financial proposal. The two envelopes are opened separately and evaluated independently, allowing for a fair and transparent evaluation process. 
  
  How to use it: 
  The two-envelope RFx response evaluation process is used in SAP PSM-GPR Procurement for Public Sector. The process begins with the issuing of an RFx (Request for Proposal) to potential suppliers. The suppliers then submit their proposals in two separate envelopes, one containing the technical proposal and the other containing the financial proposal. The two envelopes are then opened separately and evaluated independently by the procurement team. 
  
  Tips & Tricks: 
  When evaluating the technical proposals, it is important to ensure that all criteria are met and that all requirements are fulfilled. When evaluating the financial proposals, it is important to compare the prices of each supplier to ensure that the best value for money is achieved. 
  
  Related Information: 
  For more information on two-envelope RFx response evaluation, please refer to SAP's official documentation on PSM-GPR Procurement for Public Sector.